Yanbu Cement board recommends 10% cash dividend for H1 2020

23/07/2020 Argaam Exclusive

Yanbu Cement Co.’s board of directors recommended a 10% cash dividend, at SAR 1 per share, for the first half of 2020, the company said in a bourse statement on Thursday.

Dividend Details (H1 2020)

Current Capital

SAR 1.575 bln

Number of shares

157.5 mln

Dividend

SAR 157.5 mln

Percentage of capital

10% (SAR 1 per share)

Record date

September 30, 2020 (Including registered shareholders at the Securities Depository Center Co. (Edaa) at the end of second trading day following due date)

Payment date

To be announced later

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Yanbu Cement Co.
16.29
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Valuation Data (Latest Share Price)

P/E (TTM) 23.20
P/E Before Unusual Items (TTM) 23.20
P/BV 0.97
Dividend Yield 5.14 %
Market Cap. (M) 2,565.68
Return on Average Assets 3.37 %
Return on Average Equity 4.18 %

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